Master the New-Look
ABS/MBS Market

Every week, Asset-Backed Alert delivers the earliest word on money-making plays emerging from the evolving securitization business, including the worldwide markets for ABS, MBS and CLOs.

Selections from Recent Issues

07/12/2019

Issuers Set to Unleash Flood of New Deals

Get ready for a deluge of asset- and mortgage-backed bond offerings.

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07/05/2019

CLO Issuers Pursuing Broader Syndication

Norinchukin Bank has paused its purchases of U.S. CLOs in recent months, prompting some underwriters to change their distribution tactics.

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06/28/2019

Citi Seeks Reversal of Trading Brain Drain

Under pressure from issuers, Citigroup is acting urgently to fill a senior post on its U.S. asset-backed securities trading desk.

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06/21/2019

PennyMac Favoring Term CRT-Backed Bonds

PennyMac is changing the way it finances its investments in agency risk-transfer securities.

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06/14/2019

CLO Bid Lists Inundate Secondary Market

Collateralized loan obligation trading surged in early June.

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06/07/2019

FHFA Firming Up Outlook for Agency IPOs

The Federal Housing Finance Agency is advancing with plans to recapitalize Fannie Mae and Freddie Mac via an initial public offering.

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05/31/2019

Redwood Pushes for Quick End to QM Patch

Redwood Trust is urging regulators not to extend a measure that enables Fannie Mae and Freddie Mac to buy and securitize mortgages that fall outside the...

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05/24/2019

UBS Testing the Waters for MBS Comeback

In a stark reversal of its post-credit-crisis aversion to securitization, UBS is attempting to reassemble a team that would underwrite and issue...

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05/17/2019

Rare Utility-Fee Bonds Headed to Market

AEP Texas is moving ahead with what would be the first utility-fee securitization in the U.S. since May 2018.

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05/10/2019

Prosecutors Take Notice of Honor Scandal

The U.S. Department of Justice is investigating defunct auto lender Honor Finance, whose lone asset-backed bond deal is on the verge of default.

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05/03/2019

Negative-Am Mortgage Bonds Resurfacing

Wells Fargo is auctioning off pre-credit-crisis mortgages in which the borrowers were able to defer early payments by adding to their principal balances...

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04/26/2019

Morningstar Recruits Reinforce MBS Team

Morningstar has hired two key analytical professionals away from S&P, installing one of them as head of mortgage-bond ratings.

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